USDCAD is facing bearish pressure from our first resistance, in line with the 78% fib extension , where we could see a further drop towards 1st support. The longer-term direction is still bearish as the trendline and IChimoku indicate, and we could see price reverse towards our 1st support.
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
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Price is approaching our first resistance where we could see a reversal below this level.
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Losses can exceed the initial investment so please ensure you fully
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UKOIL bounced off 47.90 where it could potentially rise further to 49.06
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USDCAD is facing bullish pressure from our first support, in line with the 78% fib extension , where we could see a further bounce towards 1st resistance. Although the longer-term direction is still bearish as the trendline and IChimoku indicate, we could see limited pushup towards our 1st resistance before a reversal. Stochastics is also indicating bullish momentum.
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement, where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UKOIL bounced off 47.35 where it could potentially rise further to 47.94
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD facing pressure pressure from 1st resistance! USDCAD is facing bearish pressure from our first resistance, in line with the 38.2% fib retracement , where we could see a further drop towards 1st support. The Ichimoku cloud is showing signs of increasing bearishness as price reverses from our 1st resistance.
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement , where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
UKOIL reversed off its resistance at 48.00 where it could potentially drop further to 47.33.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you...
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement, where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
USDCAD is facing bearish pressure from our first resistance, in line with the 38.2% fib retracement , where we could see a further drop towards 1st support. The Ichimoku cloud is showing signs of increasing bearishness as price approaches our 1st resistance.
We are seeing a medium-probability bullish scenario as price is expected to climb from its upside confirmation at 3.38857 where it could potentially bounce further to at 3.43137. It is worth noting that price continues to trend above the Ichimoku cloud, which indicates bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial...
UKOIL reversed off its resistance at 47.92 where it could potentially drop further to 47.15.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD has finished its wave 4 correction at 1st resistance where the 38.2% fib retracement is and is ready to continue its impulsive wave 5 heading south. It could target towards our 1st support where the 61.8% fib extension is. The Ichimoku cloud is also showing signs of bearishness.
